4 research outputs found
Start-up success of freelancers New microeconometric evidence from the German Socio-Economic Panel
If certain start-up characteristics will indicate a business success, knowing such characteristics
could generate more successful start-ups and more efficient start-up counseling. Our study
will contribut e to this by quantifying individual success determinants of freelance start-ups.
The data base for the microeconometric analyses of the survival of the first three years is a
revised German Socio-Economic Panel (SOEP) for 1992 until 2002, which allows to
incorporate institutional, personal and family/household socio-economic variables. We
describe and discuss the datawork to achieve compatible information over time within a
revised GSOEP and present microeconometric rare events logit, logit and probit results.
The start-up success measured as the probability to survive the first three years is first of all
influenced by an active labour force participation with its acquired skills and working
experiences just before the start-up period (rank 1), followed by a non-university degree as
the highest general human capital indicator (rank 2), a general (non-linear) experience
indicated by age (rank 3) and the business related background (rank 4) as the type of liberal
profession in the group of the liberal medical professions and the liberal technical and
scientific professions